Actress Shilpa Shetty has been questioned by Mumbai’s Economic Offences Wing (EOW) in connection with a Rs 60 crore fraud case involving her husband, businessman Raj Kundra. Officials reportedly grilled her for over four hours to verify financial details linked to alleged fund transfers.
Bollywood actress Shilpa Shetty and her husband Raj Kundra are under investigation in a Rs 60 crore fraud case. According to the Economic Offences Wing (EOW), Kundra allegedly diverted around Rs 15 crore from the total amount into a company account reportedly owned by Shetty.
Shilpa Shetty Grilled By The EOW
In the latest development, Shilpa was questioned by EOW officials at her residence in Mumbai for nearly four and a half hours. The interrogation focused on her possible financial involvement and the flow of funds. Officials also examined bank statements and seized key financial documents from the actress, which are now being verified.
The investigation began after businessman Deepak Kothari filed a complaint accusing the couple of cheating him in a loan-cum-investment deal. So far, statements from five people — including Raj Kundra — have been recorded.
Bombay HC Rejects Shilpa Shetty, Raj Kundra’s Request For Phuket Trip
Meanwhile, as the probe continues, the Bombay High Court recently denied Shilpa Shetty and Raj Kundra permission to travel abroad for a family vacation to Phuket, Thailand. The couple had requested suspension of a lookout circular issued by the EOW, arguing that they had confirmed bookings for travel between October 2 and 5.
Their lawyers, Niranjan Mundargi and Keral Mehta, told the court that despite a 2021 case against them, the couple has always returned from foreign trips and cooperated with investigators. However, the High Court dismissed their plea, citing the ongoing investigation.
This latest legal hurdle comes as the EOW continues to track the alleged money trail and verify whether the funds transferred to Shetty’s company were legitimate or part of the fraud in question.
As of now, the actress has not made any public statement regarding the case, and investigations are still underway.
The Rs 60 Crore Case
The case was registered following a complaint by Deepak Kothari, director of Lotus Capital Financial Services. Kothari alleged that between 2015 and 2023, he invested Rs 60.48 crore in Best Deal TV Pvt. Ltd., a company linked to the couple, for business expansion. According to the complaint, the funds were instead diverted for personal use.
After a preliminary inquiry, the EOW booked Shetty, Kundra, and another accused under IPC sections 403 (dishonest misappropriation of property), 406 (criminal breach of trust), and 34 (common intention). Investigators have reportedly traced close to ₹25 crore of the transferred amount, including transactions to four actresses and production houses, among them Bipasha Basu, Neha Dhupia, and Balaji Entertainment.